Catylist ID:
#30866018
175 E Main St
Retail-Commercial
for Lease
Also listed as Office, Shopping Center
| Catylist Listing ID: | 30866018 |
| Property Subtypes: | Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Contiguous Space: | 2,436 - 7,100 SF |
| Total Available: | 14,200 SF |
| Building Size (RSF): | 41,682 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.29 Acres |
| Lease Rate: |
$17.50 - 35 PSF (Annual) |
| Base Monthly Rent: | $3,552 - 20,708 |
| Lease Types: | Gross Lease, Undisclosed, NNN |
| In Opportunity Zone? | Yes |
| Building Name: | The Meyers Building |
| Last Updated: | 4/2/2024 |
Overview / Comments
|
The Meyers Building located at 175 E. Main Street in Lexington, KY has recently undergone a major redevelopment converting the top three floors into Airbnb units - referred to as 175 LEX. In addition, two floors of office have been renovated with one complete floor being leased to Edelen Renewables. Located at the signalized corner of Main Street and Martin Luther King Blvd; the ground floor is currently being proposed as the next phase to complete the conversion of this downtown property into a lifestyle building. The main level is approx 7,100 SF and also has a sizable patio area waiting to be utilized. Secure underground parking garage allows direct access to the lobby via elevators. Additional amenities include a patio area on the east end of the building providing a mini park-like setting for lunches, bike parking, etc. or a potential restaurant patio setting. Property Highlights: • Approx 15-foot Ceilings on First Floor • Approx 21,054 Daily Traffic Count (Main St & MLK Blvd) • Heart of Downtown Business Center - Law & Financial District • Minute walk to City Center and 8-minute walk to Rupp Arena • Proximity to Hospitality, Retail, & Dining Amenities, Entertainment • On-Site Secure Parking Available Space: • First Floor - (7,100 SF +/-) full main level, located on the first floor with excellent frontage and exposure on a hard signalized corner. Signage opportunities are available. 15-foot ceilings - full reconfiguration / redevelopment encouraged with single or multi-tenant options. Bar, bourbon tasting, restaurant, ice cream, cookie, coffee shop, etc. • Unit 200 - (4,664 SF +/-) is located on the second floor with a reception area, conference room, 8 offices, large records room, open work area, kitchen, restroom, and 2 supply closets. • Unit 201 - (2,436 SF +/-) is located on the second floor with a reception area, 8 offices, 1 kitchen, restroom, and 2 supply closets. Unit 200 and 201 represent the full second floor. • Second Floor - (7,100 SF +/-) both Unit 200 and Unit 201 are available which encompass the entire second floor with secure elevator access via PIN code if preferred. |
Expand All 3 Spaces Available
| Suite: 100 | 7,100 SF | $25 - 35 PSF (Annual) Undisclosed,NNN |
| Suite: 200 | 4,664 SF | $19 - 22 PSF (Annual) Gross Lease |
| Suite: 201 | 2,436 SF | $17.50 - 19 PSF (Annual) Gross Lease |
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 14103400 |
| Zoning: | B-2B |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Main St |
| Traffic/Vehicle Count: | 21,054 |
| Total Number of Buildings: | 1 |
| Number of Stories: | 6 |
| Typical SF / Floor: | 7,100 SF |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 22,233 | 132,307 | 243,877 |
| Median Age: | 30.95 | 35.13 | 35.36 |
| Households: | 9,914 | 56,012 | 103,324 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
